"The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending"

This quote by Thomas Sowell suggests that the focus of government need to be on decreasing costs, rather than depending on increasing taxes to balance the spending plan. He indicates that raising taxes to cover ever-increasing spending is not a sustainable option, which the federal government ought to rather concentrate on reducing costs. This could be done by cutting down on unnecessary programs, or by finding more effective ways to utilize existing resources. Sowell's quote likewise recommends that the federal government must be more conscious of how it spends its cash, which it ought to focus on lowering spending over increasing taxes. Ultimately, Sowell's quote encourages the government to be more fiscally responsible and to concentrate on minimizing costs in order to attain a balanced budget plan.